* This well positioned property is located along busy Jindalee Road and offers great exposure.
* Land area 1,027 Sqm approx
* The building comprises a portal frame, sheet metal warehouse of 444 sqm approx (18.5m frontage X 24m deep),
* Wide level driveway and sealed onsite parking area for 6 vehicles.
* The property has dual access/loading shutters and dual shop fronts to allow for future split tenancy configurations
* Also benefits from side access on both sides offering a fenced secure yard area.
* Shower and w/c facilities plus kitchenette.
* Lessee is the establish business Mid Coast Gaming - whom has been in operation since 1985 and incorporating Hennessy Coffee
Weblink: https://www.midcoastgaming.com.au/
* Recently renewed Lease in place for a further 3 year + 3 year + 3 years with potential occupancy until 2031 (tenant has been in place since 15.7.19)
* Ideal for investors looking for free hold property and secure income investment from solid tenant
* Tenant has installed substantial office fitout and solar
* Zoned General Industrial In1
* Gross income $62,160.00 PA Excluding GST
* Council Rates and Building Insurances paid by owner - $6,090.00 PA approx
* Inclusions:
- Factory lighting
- Kitchenette cabinetry
- Existing toilet and shower structures
- Hot water system
- Fire extinguishers/exit signage
* Easily managed investment
* Call Luke Horton
Raine & Horne Commercial
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...